I however, complete disagree for an STR, especially if you are in a market with lots of guests and same day turnovers.If this was your personal hot tub I would agree, you can keep the chemicals balanced and only drain it and clean/refill every so many months.

Posting an update here in case anyone is following or is curious on how this plays out.I received an investor update from the sponsor a day or two after initiating this thread.

Not sure how bad the mini splits would be, but they are very efficient and work really well.Very low turnover, but the units are about 15-20% below market, as well.

Now, I have been successfully investing in the San Antonio market since 2019 with 6 rental properties in my portfolio.

Stay updated on market trends, interest rates, and the Dallas real estate market to leverage assets and grow your portfolio.Good luck!

However, some investors are comfortable with this approach, especially if they prefer to limit their initial capital and plan to refinance a few years after purchase—particularly as discussions about the Federal Reserve lowering interest rates into 2025 continue.Ultimately, successful investing hinges on selecting a growing market, a desirable neighborhood, and assembling a strong support team.

When we initially bought the homes we were able to lease for $2800-$3200/ month. 

Landlords must follow the proper legal eviction process, even if the tenant is no longer paying rent or utilities.Since your "friend" has already initiated the eviction process and is waiting for the sheriff to remove the tenant, it's important to let that process play out legally.

Are you posting right at market rent?

I know the ins and outs of these markets and can help you find something that not only fits your needs but also has great investment potential.